Recent Examples on the WebFor business and retail banking customers, the most obvious types of offerings that would provide immediate relief are flexible credit products or renegotiable terms on loan and mortgage agreements that have now become unsustainable. Johanna Pugh, Forbes, 25 May 2021 Meanwhile, the standard mortgage in Canada is a 25-year loan with rates renegotiable every five years; the country’s homeownership rate stood at 67.8 percent in 2016. Charles Lane, Twin Cities, 11 Sep. 2019 For the 2018-19 and 2019-20 school years, salary and benefits will be renegotiable; any other articles from the contract will not. Karen Pearlman, sandiegouniontribune.com, 1 June 2018
Word History
First Known Use
1943, in the meaning defined above
Legal Definition
renegotiable
adjective
re·ne·go·tia·ble ˌrē-ni-ˈgō-shə-bəl, -shē-ə-
: capable of being renegotiated : subject to renegotiation